Testing New Theories of Choice under Uncertainty using the Common Consequence Effect
通过广义共同结果问题实验,对比期望效用理论与多种新不确定性选择理论的预测,发现系统违背期望效用理论但新理论未获充分支持,并检测到显著的后悔效应。
A generalised common consequence problem is used to contrast the predictions of expected utility theory and several new theories of choice under uncertainty. An experiment designed to test these predictions is reported. Systematic violations of expected utility theory are detected but although a consistent pattern emerges from the data, it offers little support for any of the new theories. The analysis is extended to test predictions which are unique to regret theory and significant regret effects are detected.